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International Business Times
International Business Times
World
Daniel AVIS

US Business 'Optimistic' About Interest Rates Cuts: Fed

Businesses reported feeling optimistic about the prospect of falling interest rates (Credit: AFP)

US businesses say they are "optimistic" about the prospect of falling interest rates, even as economic conditions have remained largely unchanged in recent weeks, the Federal Reserve said Wednesday.

The US Fed recently voted to keep interest rates at a 22-year high, while penciling in up to three interest rate cuts this year, citing progress made in tackling inflation.

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